this post was submitted on 14 Sep 2026
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top 8 comments
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[–] Catoblepas@lemmy.blahaj.zone 59 points 2 hours ago (1 children)

Don’t worry, it’s DEFINITELY not because they would need to disclose their finances to investors. Just keep pouring money in and everything will turn out fine!

[–] scrubbles@poptalk.scrubbles.tech 22 points 1 hour ago (1 children)

Anyone who has gone through an IPO knows how fucking rigorous all of the audits and reporting are for investors. Guaranteed 1000% that they failed the audit, or worse they didn't even get to the audit stage, or as you said their finances they know are shit. It is zero surprise to me that they're waiting.

[–] Karyoplasma@discuss.tchncs.de 13 points 1 hour ago (1 children)

Where was this rigorous audit for SpaceX?

[–] Scipitie@lemmy.dbzer0.com 5 points 53 minutes ago* (last edited 53 minutes ago)

Its result was and is aggregated by some freaks here

https://spacexchart.com/about

Their own numbers are documented here:

https://ir.spacex.com/investors/default.aspx

Including all their bullshit Musk-AI spendings. I have no idea why anyone thought this to be a good investment or a good company - they did do that audit and published the results, people still flocked (...) to it

[–] naught101@lemmy.world 2 points 35 minutes ago

Hilarious.. I guess this pushes back the inevitable bubble collapse (probably until just after they do go public)

[–] SarahValentine@pawb.social 11 points 2 hours ago

I hope they go right under a rock and stay there.

[–] treadful@lemmy.zip 4 points 1 hour ago

Good news for retail investors.

[–] brownsugga@lemmy.world 4 points 2 hours ago

Is this a concession of defeat to spaceX